Kwarteng stung: Mini budget chancellor offered to set up meeting between fake firm and Boris Johnson for ‘£10k’ Former chancellor Former chancellor Kwasi Kwarteng offered to facilitate setting up a meeting between a fake foreign firm and former prime minister Boris Johnson during a sting interview. Mr Kwarteng was caught up in a hoax organised by campaign group Led By Donkeys in which he was approached about providing political advice to a bogus company it [...]
FTSE firms writing ‘ethical codes’ in droves – but few actually using them, report finds Exclusive More FTSE firms than ever before have codes of ethics in place but few are using them to guide day-to-day decision making, a new corporate non-profit report has warned. Research by the Institute of Business Ethics (IBE) found 88 per cent of FTSE 100 companies have now adopted a code of ethics, City A.M. can [...]
City marks 50th anniversary of first female traders on floor of the London Stock Exchange Gender equality Two “trading floor trailblazers” will open the London Stock Exchange to mark the 50th anniversary since the first women traders were admitted into the historic marketplace. Susan Shaw and Hilary Pearson, who began working on 26 March 1973, were among the first female stockbrokers in the London Stock Exchange Group (LSEG) . They will open [...]
‘Tragedy’ if John Lewis ownership changes, says ex-boss March 26, 2023 John Lewis changing its ownership model would be “a tragedy”, a former top boss has said. Reports last week suggested the retailer is considering ending its fully staff-owned structure, with the partnership’s chairwoman, Sharon White, exploring plans to sell a minority stake. West Midlands mayor Andy Street, John Lewis managing director until 2016, acknowledged the [...]
Russian artist to project ‘human blood’ sculpture onto St Paul’s in protest of Prince Harry’s kill claims March 26, 2023 A Russian artist says he will project a sculpture filled with human blood onto the facade of St Paul’s to protest Prince Harry’s comments about killing Afghan soldiers “like chess pieces”. Conceptual artist Andrei Molodkin says he will fill an acrylic royal coat of arms with 1,250ml of human blood donated by Afghan refugees and [...]
Ahead of tomorrow’s result, all SNP leadership hopefuls have net negative ratings March 26, 2023 All three SNP leadership candidates have an overall negative favourability rating, according to recent polling, as the party prepares to announce Nicola Sturgeon’s successor tomorrow. Neither Humza Yousaf, Kate Forbes or Ash Regan have a net positive rating among the Scottish public, researchers at Ipsos found in a snap poll held between March 17 and [...]
MPs should ‘put public service first’ after second jobs sting, Michael Gove says March 26, 2023 Levelling-up secretary Michael Gove said today that MPs must “put public service first” after undercover reporting revealed a handful of MPs were willing to provide advice to a foreign company in return for sizeable fees. Politicians Matt Hancock and Kwasi Kwarteng were left red-faced after anti-Brexit campaign group Led By Donkeys released footage of them [...]
City Hall bans TikTok app despite Sadiq Khan’s 47,000 followers March 26, 2023 TikTok has been banned on London City Hall devices amid ongoing security concerns. Staff will no longer be allowed to have the video sharing app on their official devices as part of the latest ban to hit the Chinese-owned firm over data privacy fears. Greater London Authority (GLA) officials said the rule was implemented as [...]
UK suffering worst living standards squeeze on record, OBR boss warns March 26, 2023 Brits’ spending power won’t recover to pre-pandemic levels for another half decade, the boss of the UK’s economic watchdog has warned. The UK is experiencing the “biggest squeeze on living standards we’ve faced in this country on record”, Office for Budget Responsibility (OBR) chairman Richard Hughes said today. His stark warning came after the regulator’s [...]
TikTok blocked on London City Hall devices in latest ban on Chinese-owned app March 25, 2023 London City Hall staff will no longer have TikTok on their devices in the latest ban amid security concerns over the social media app.